Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

Amazon almost doubled its profits in 2024 compared to the year before, but it missed some analysts expectations in its cloud ...

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...

Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Yes, that was two years after the GenAI big bang, but Microsoft’s on-premises server business, which is largely transactional in nature, is taking a backset to GenAI in general and to Azure in ...

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...